Heroes for Heroes

Nonprofit profile at a glance

EIN
814228106
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Los Angeles, CA, USA
Phone
3232515479
Rating confidence
Limited
Sector
Human Service Organizations

Reported finances

Revenue
$0
Expenses
$149
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • Scott Goshorn (President)

People named in this filing

  • Scott Goshorn (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The goals behind our charity and the process as a realtor i have had the privilege to sell homes to veterans, active duty, and teachers alike. From the hours they put in, the risks they take, and the service they provide, its the least i can do to assist them in achieving every americans dream to have a home to call their own. This is why i created the charity. Its a way to give back and assist in fulfilling the american dream they fight for or teach our children to achieve. For our heroes raising the money, they get a few benefits for taking time from their families, loved ones, etc. To fundraise, all the while training for an endurance race 6 days a week. These amazing people have full time careers on top of all this. Part of their fundraising pays for their endurance coaching, entry into the selected race, and in most cases, a night or two at the hotel during the race weekend. We also hold a few events throughout the season thanking them for their efforts. If it wasnt for them the w

What it reported doing in 2024

The goals behind our charity and the process as a realtor i have had the privilege to sell homes to veterans, active duty, and teachers alike. From the hours they put in, the risks they take, and the service they provide, its the least i can do to assist them in achieving every americans dream to have a home to call their own. This is why i created the charity. Its a way to give back and assist in fulfilling the american dream they fight for or teach our children to achieve. For our heroes raising the money, they get a few benefits for taking time from their families, loved ones, etc. To fundraise, all the while training for an endurance race 6 days a week. These amazing people have full time careers on top of all this. Part of their fundraising pays for their endurance coaching, entry into the selected race, and in most cases, a night or two at the hotel during the race weekend. We also hold a few events throughout the season thanking them for their efforts. If it wasnt for them the work would not be done, and their efforts are greatly appreciated. For our local heroes, in my opinion, the paycheck does no correlate with the sacrifice and service provided for our communities. Heroes for heroes wants to help change that. This first season we will be targeting a specific city, and reaching out to the realtors in the area who are currently working with a veteran, active duty, or a teacher who is actively looking for a home. We will have them write a letter to us talking about their service and how the assistance will benefit them in the purchase of their home. Our board of directors will read all the letters and vote for the winner. We will then surprise the winner with the news the money will be held in an escrow account and will be disbursed on the closing day to the escrow/settlement company. The money has to go towards a purchase down payment, closing costs, etc of their home. If the winner decides not to purchase, the money will be delivered to the runner up and disbursed to them. All candidates must be qualified for purchase, or this donation must solidify the qualification to purchase. We want our heroes to have the ability to maintain the home ownership they are about to embark on. Our goal as a board and charity will be to choose a candidate where the money will go the furthest with their situation. Many people ask about how this affects a veteran or active duty military who has a 0 loan. They have closing costs, limits in loan amounts, and other fees, etc. Again, our board of directors will choose someone where the money will go the furthest. As a 501c3 we are legally allowed to donate this money towards their purchase. This charity is very tangible. You will see directly where the money goes as it will be defined by an address. An address owned by a hero in that community my personal goal is to dot the entire map of the united states in every community with a home that heroes for heroes help purchase for our local heroes. Because every hero deserves a home

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -47.6% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -26.6% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $149 in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.